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Post by zanygame on Jul 30, 2023 18:46:14 GMT
dont know if you have seen this fairsociety....
BANK ON IT Law could be changed so Brits have a legal right to a bank account, under plan championed by David Davis
THE LAW could be changed to prevent Brits being de-banked under proposals pushed by Tory big beast David Davis.
The ex Cabinet minister said it is a travesty that Nigel Farage and others have been blacklisted by banks for their political views.
Good idea but it needs to include businesses as well as individuals. Trouble with the business account is that the basic account could be so basic as to be useless. Especially in these cashless days.
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Post by thomas on Jul 30, 2023 18:54:06 GMT
anyway now ive stopped laughing .....interesting article here
Kemi Badenoch: Diversity obsession has led to Kafkaesque madness
I became very uneasy reading this month that NatWest Group had closed the account of Professor Lesley Sawers. Why had this accomplished businesswoman, appointed an OBE for services to equalities and business, had her bank account closed after 25 years? Dr Sawers happens to sit on the board of the Equality and Human Rights Commission. The implication was that she had lost her account for speaking about contentious issues such as transgender rights and women-only spaces. Yet it’s her job to talk about these things.
The government appoints people to these positions, often to do very difficult work in the public eye. It is absolutely critical that they are protected and not punished for speaking their minds with a draconian application of Politically Exposed Persons (PEP) regulations.
Last week I watched commentators and Labour MPs tie themselves up in knots trying to justify the closing of Nigel Farage’s bank account, simply because they didn’t like his views. Yet when the lawyer Gina Miller, whose views are at the other end of the political spectrum, says her party’s bank account has been closed, it appears as if political activity itself is being proscribed.
It is perfectly reasonable for banks to be arbiters of legality in financial transactions; however, they cannot become arbiters of morality, withdrawing essential services from people they think are problematic.
It is not government’s job to write companies’ HR policies. However, it is our job to stop them doing harmful things based on a misunderstanding of the law. My department has been working on a better way to do diversity and inclusion, wrestling the issue back from the activists and the professionally offended without making new laws. Our Inclusion at Work panel of experts from academia and business will develop resources based on evidence not ideology. This will help leaders and their confused HR colleagues understand what actually works and supplant the dubious materials from snake-oil salesmen operating in a largely unregulated space.
I’m committed to bringing people together, rather than atomise them into identity groups, and helping businesses to focus on delivering healthy working environments, rather than becoming social regulators.
I see the irony of the manfrog being a victim of a lack of regulation has been completely lost on you. im not sure how you can say the irony of farage being a banking deregulation victim is lost on me.
I dont and never have supported lack of banking regualtion. For forty years , both labour and tory have championed banking deregulation , as we saw during the new labour years gordon browns light touch regualtion allegedly contributed to the RBS fiasco and much more.
Farage hasnt been in uk government. He didnt introduce light touch regualtion , but while he may have supported it , i say to you its now good that he is changnig his mind in light of this happeneing to him.
You cant even be magnanimous to farage over this to see the good that may come out of this episode such is your slavering all consuming hatred of the man. The pivots and peurile excuses based on nothing more than hatred throughout this thread shows why new labour and their supporters must never be allowed anywhere near the reigns of power .
The uk and its peoples need proficient politicians rising above bile ,not petulant children determind to even up the score for past misdemeanours .
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Post by thomas on Jul 30, 2023 18:55:27 GMT
Good idea but it needs to include businesses as well as individuals. Trouble with the business account is that the basic account could be so basic as to be useless. Especially in these cashless days. how do you mean zany?
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Post by thomas on Jul 30, 2023 19:07:22 GMT
Good idea but it needs to include businesses as well as individuals. Trouble with the business account is that the basic account could be so basic as to be useless. Especially in these cashless days. A basic business account is sufficient for the vast majority of busines in the uk , including the five million or so self employed . A tiny minority will use the higher end business accounts , and even then , there are better ways of managing business banking and doing extras like invoicing , payroll accounting and tax returns than a one size fits all account that costs the earth.
Im not sure though of the relevance of what you are saying though regading a basic account and what david davis and pacifico are saying? I dont know enough about farages former coutts account to see wether the account was high end , or merely a basic account where you paid for the name and prestige of banking with them.
What was the beneifts that farage got for banking with coutts? why would it be a problem for government to legislate to include business accounts as pacifico says?
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Deleted
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Post by Deleted on Jul 30, 2023 19:29:34 GMT
Trouble with the business account is that the basic account could be so basic as to be useless. Especially in these cashless days. A basic business account is sufficient for the vast majority of busines in the uk , including the five million or so self employed . A tiny minority will use the higher end business accounts , and even then , there are better ways of managing business banking and doing extras like invoicing , payroll accounting and tax returns than a one size fits all account that costs the earth.
Im not sure though of the relevance of what you are saying though regading a basic account and what david davis and pacifico are saying? I dont know enough about farages former coutts account to see wether the account was high end , or merely a basic account where you paid for the name and prestige of banking with them.
What was the beneifts that farage got for banking with coutts? why would it be a problem for government to legislate to include business accounts as pacifico says?
It's only a problem if the intention is there to debank people. What's abundantly clear is that many on this forum and beyond would never support such legislation if the banks only targeted those they disagree with. The tune only changed when one of their own claimed to have gone through something similar to Farage. These people are dangerously stupid, arrogant and should never be associated with any form of classical liberalism.
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Post by Einhorn on Jul 30, 2023 19:35:43 GMT
The all-important difference being that she deserves our sympathy because she didn't lie through her teeth to bring about a Singapore-on-Thames. I see the irony of the manfrog being a victim of a lack of regulation has been completely lost on you. do you ever actually stay on topic on any thread without resorting to calling people childish names , or waffling on about unrealted fantasy inventions in your head? Pacifico asked us to stay on topic. The thread is about the farage debanking scandal. so there you go darling.
no .Kemi badenoch doesnt deserve anyones sympathy. She can lie like any other politician , and i believe she supported brexit from what i read if your waffle about singapore blah blah blah is about that.
Its an interesting , thoughfull article , nothing more. wich is why i posted it .
Didnt the last new labour government completely deregulate the banks , which helped contribute to the banking crash in 2008 , to the liberal lefts dismay at the time and mass criticism , who are now on threads such as this cheering on lack of banking regulation to debank the hated farage cause it now suits?
you say irony is lost on me? talk about a lack of self awareness while stumbling over your left foot trying and failing to make a coherent point.
im thorugoughly enjoying the discomfort of the liberal left as the thread moves on page after page. Once more , you have empowered nigel farage and made him stronger , and a hero of the people through your utter stupidity , which is about the only constant we see from you and your ilk. mass stupidity , lack of strategy and hate overcoming all sense. Butthurt fanatics.
Now, listen here: You're a Scottish gammon. Accept that, wrap your skirt around your legs and move on. As for your post: TLDR.
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Post by sheepy on Jul 30, 2023 19:44:37 GMT
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Post by Einhorn on Jul 30, 2023 19:46:54 GMT
What does 'debanked' mean, Sheeps? If your contract is legally terminated by one bank, are you debanked? Or do you have to be turned down by all banks? If another bank was prepared to take on Gina Miller's custom, has she been debanked?
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Post by zanygame on Jul 30, 2023 19:51:18 GMT
Trouble with the business account is that the basic account could be so basic as to be useless. Especially in these cashless days. how do you mean zany? For most business nowadays you really need a merchant account, one that can accept card payments. That's to say (not the phone app or the card machine, but a bank that will accept the responsibility for accepting those payments on your behalf. If they say no then you can pretty much only accept BACs or cash. Many customers now judge reliability and honesty on your ability to accept card payments. So I think if a bank wished to get rid of you you still could while offering you a 'basic' bank account.
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Post by sheepy on Jul 30, 2023 19:52:17 GMT
What does 'debanked' mean, Sheeps? If your contract is legally terminated by one bank, are you debanked? Or do you have to be turned down by all banks? If another bank was prepared to take on Gina Miller's custom, has she been debanked? Debanked means grasshopper you have your account cancelled and it will be marked against you in the future. Even a refusal elsewhere will be a mark against you.
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Post by zanygame on Jul 30, 2023 19:54:40 GMT
What does 'debanked' mean, Sheeps? If your contract is legally terminated by one bank, are you debanked? Or do you have to be turned down by all banks? If another bank was prepared to take on Gina Miller's custom, has she been debanked? In all fairness Darling if a bank closes your account odds are no other bank would touch you.
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Post by Einhorn on Jul 30, 2023 19:54:52 GMT
What does 'debanked' mean, Sheeps? If your contract is legally terminated by one bank, are you debanked? Or do you have to be turned down by all banks? If another bank was prepared to take on Gina Miller's custom, has she been debanked? Debanked means grasshopper you have your account cancelled and it will be marked against you in the future. Marked against you by whom?
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Post by zanygame on Jul 30, 2023 19:55:32 GMT
Debanked means grasshopper you have your account cancelled and it will be marked against you in the future. Marked against you by whom? You're not that naïve.
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Post by Einhorn on Jul 30, 2023 19:56:00 GMT
What does 'debanked' mean, Sheeps? If your contract is legally terminated by one bank, are you debanked? Or do you have to be turned down by all banks? If another bank was prepared to take on Gina Miller's custom, has she been debanked? In all fairness Darling if a bank closes your account odds are no other bank would touch you. I didn't know that. Do banks share that sort of information with each other? I would have thought it was confidential.
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Post by Fairsociety on Jul 30, 2023 19:56:03 GMT
For most business nowadays you really need a merchant account, one that can accept card payments. That's to say (not the phone app or the card machine, but a bank that will accept the responsibility for accepting those payments on your behalf. If they say no then you can pretty much only accept BACs or cash. Many customers now judge reliability and honesty on your ability to accept card payments. So I think if a bank wished to get rid of you you still could while offering you a 'basic' bank account. It's strange how millions of customers are duped everyday by fraudsters, these fraudsters don't seem to have any problem opening accounts willy-nilly, and when they've drained someones account the banks don't appear to have the know-how to track down who, where, and what bank the money was siphoned off, yet they can hunt down a customer with a political point of view that doesn't suit their criteria.
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